The coin price slowly descended to around 114,200 before showing a rebound. In the afternoon, the price continued to rise slowly, reversing the trend. In the evening, the coin price experienced a rapid and significant surge, reaching a high of around 116,800. After a slight technical correction, the coin price entered a high-level consolidation state again. The market did not show much of a retracement after the surge. After we took profits on our morning short order, we noticed the trend on the market data had reversed. In the afternoon, I clearly reminded everyone about the market's behavior, and indeed, it came as expected again. The market data signals had reversed, and I updated everyone in a timely manner. Our decisive change in strategy also yielded significant results. We entered the long position at 114,786 and strongly captured a space of 1,966 points at the level of 116,752, while Ether also captured a space of 133 points, accurately targeting this round of swing trading.

From the four-hour chart, the coin price has formed a large bullish candle, strongly breaking through the upper band again. The market has entered an overbought state once more, and the current price is still above the upper band. All indicators are accelerating upwards, and the Bollinger Bands are opening up again, further creating an upward channel for the future market. The MACD energy bars continue to strengthen, and the bullish sentiment is rising again, indicating that the current upward trend will continue in the future. From a short-term hourly perspective, after some pullback and consolidation, the coin price has once again surged with a large bullish move, breaking through the previous pullback range and operating near the upper band again. The hourly Bollinger Bands are rapidly expanding, and the current upward trend is also further sustained. The bullish outlook for the future remains unchanged, and one can layout a buying strategy around the dips.
Long on Bitcoin around 116200, focus on around 117500. Long on Ether around 3820, focus on around 3920.
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